Preview

Marketing Automation

Good Essays
Open Document
Open Document
1049 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Automation
Mark Julian Santana July 12, 2013
Midterm Exam

Marketing Automation: Utilization of Marketing Tools and Software in a Constantly Changing Marketing World to Avoid Competitive Disadvantage. According to Technopedia.com, “Marketing automation is the use of software and Web-based services to execute, manage and automate marketing tasks processes. It replaces manual repetitive marketing processes with purpose-built software and applications geared toward performance.” It’s been forecasted that businesses in the next few coming years will be taking a big jump by investing in marketing automation, due to growing pressures of needing to automate marketing and growing concerns of businesses increasing in competitive disadvantages.
Ovum a global analysts firm is predicting that it will be crucial for businesses to adopt these new methods to attain and retain customers, and will be essential to the survival of the modern business enterprise. Gerry Brown, a senior digital marketing analyst, who works at Ovum, gives a warning that those marketing professionals who ignore the necessity of automation will do so at their own risk.
According to Gerry Brown, businesses must accustom themselves and be able to integrate digital marketing (marketing automation) into their organizations. Organizations will have to hire a mix of many talents, who would be analytical technical, and creative talents who have the capability to exploit the many benefits that can be utilized from marketing automation.
Now that we have a little insight to the benefits and opportunity that comes from marketing automation, we shall fully explore in detail as what is said above, how it all works and why it is imperative that businesses or any one starting a business should look into it.

Marketing Automation is software that helps the marketing departments of organizations to automate repetitive tasks. These Marketing departments who make use of these software will greatly benefit

You May Also Find These Documents Helpful

  • Good Essays

    In the modern world, it is essential for businesses to know about the markets they serve , so that they can work to serve these better. Marketing is the whole process of finding out what customers need or want, continually striving to meet their requirements in full and to relate products to these requirements.…

    • 918 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sh3050 Unit 4

    • 4636 Words
    • 19 Pages

    Marketing is an essential part to the Organisations survival as we live in a customer driven environment that is possessed with endless aggressive competition. Thus the marketing process and effectiveness is important.…

    • 4636 Words
    • 19 Pages
    Good Essays
  • Powerful Essays

    Marketing is the term used to describe a range of activities within a business that are designed to keep existing customers and to gain new ones. The ‘marketing cycle’ begins with the objectives of the business, which feed into marketing objectives. Next comes, Market analysis, involving the business looking at its position in the market and the ways it can best take advantage. Market research will be used to fid out which groups can best be targeted, and how. Market planning will include how, when and where to target markets. It includes test produces and test marketing. A marketing mix needs to be developed so that a successful balance of price, product, promotion and distribution is achieved.…

    • 3688 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Marketing is the term where companies create their products or services awareness into the market. This goes ahead with identifying the customer’s needs and then working on purpose. The customers found to be in the centre of the whole process as they help in profit making. Marketing techniques can be defined in to different strategies which are:…

    • 4271 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Mkt 220 Test One Review

    • 2104 Words
    • 9 Pages

    Customer Relationship Marketing (CRM) – using information about customers to create marketing strategies that develop and sustain desirable customer relationships.…

    • 2104 Words
    • 9 Pages
    Good Essays
  • Better Essays

    Marketing can come in many terms depending on which product is marketed. It is my assertion that marketing is basically an activity used to sell a product which requires sells techniques, business communication, and business development. The marketing process includes strong customer relationships and a commitment to the business customers. Businesses both large, and small desire to retain their customers; therefore, to make customers happy businesses will make customers the focal point of the product. During the entire marketing process, the organization will concentrate on building, and maintaining good customer relationships.…

    • 1051 Words
    • 5 Pages
    Better Essays
  • Best Essays

    For years, companies have been relying on market research, data tracking, and data warehousing to help create marketing strategies. Marketing managers rely on this data to spot opportunities and problems and try to stay ahead of the competition.…

    • 1530 Words
    • 7 Pages
    Best Essays
  • Better Essays

    Marketing Principles Tesco

    • 2460 Words
    • 10 Pages

    Marketing is process of interesting potential customers and clients in product or service. Marketing process consist of four steps, completed whit the goal of creating value for the target customers. Some of the element are development of communication marketing plan, monitoring the marketing environment, segmentation, targeting and positioning.…

    • 2460 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Marketer Mary (MM) is a type of customers with company size from 26 to 100 people. It usually comprises marketing professionals with educated knowledge of web 2.0 in the company. So the inbound marketing tools MM need are more sophisticated ones, which can help them conduct more detailed level analysis of customers. To acquire this type of customer, it costs $5,000. But if HubSpot acquire MM successfully, it has lower churn rates, 3.2%, compared with Owner Ollies’ 4.3%. MM accounts for 31% of HubSpot’s customer portfolio in 2009.…

    • 369 Words
    • 2 Pages
    Good Essays
  • Good Essays

    P1 Unit 3 Business Btec

    • 1364 Words
    • 6 Pages

    Marketing means sorting out customers’ needs as well as finding the right product or service to make sure the needs are met. In doing so it will make sure the levels of sale would go up.…

    • 1364 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    With SAS Marketing Automation, you can rapidly create, modify, and manage marketing campaigns. These campaigns can range from simple, single-channel campaigns to sophisticated, multichannel-campaigns, and from planned marketing programs to opportunistic communications that are aimed at a precisely defined audience. This ability to improve marketing activities can lead to a better return on marketing investment and a healthier bottom line.…

    • 1459 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Travel and Tourism

    • 3125 Words
    • 13 Pages

    Marketing is a type of management tool and is responsible for meeting customer requirements; marketing is about getting the right products to the right people in the right place at the right time at the right price using the right promotion; for example airline companies such as easy jet and ryanair will try and invest their time and money by finding out what different type of customers want from the companies by asking when they want to travel, what facilities they would prefer, which destinations would be more suitable for them and how much they would be willing to pay. Afterwards they would provide ways of letting customers know by using brochures, advertisements, newspapers, internet and posters.…

    • 3125 Words
    • 13 Pages
    Good Essays
  • Good Essays

    Mkt 421 Marketing Paper

    • 800 Words
    • 4 Pages

    Marketing is about identifying and meeting human and social needs. Marketing is about meeting needs profitability. Marketing management is considered to some as an art and science of choosing target markets and getting, maintain, and increasing customers thorough creating, delivering, and communicating superior customer value (Kotler & Keller, 2009). Marketing can also be the act of buying and selling in a market or the commercial functions involved in transferring goods from the producer to the consumer. Marketing are the activities that direct a flow of goods and services from the manufacturer to the customers or consumers (Answers.com, 2010).…

    • 800 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sales and Th Users

    • 526 Words
    • 3 Pages

    The main objective of SaleSoft (SS) is of becoming a leader in the high end of the Sales Automation (SA) software industry for which they introduced PROCEED which had very little competition and high demand. Now, SS needs to decide whether or not to introduce a Trojan Horse (TH) product which could potentially distract SS from its primary objective.…

    • 526 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Electronic Marketing

    • 741 Words
    • 3 Pages

    The costs of managing individual relationships in one-to-one marketing are very high and most companies apply CRM by using approaches which automate the tailoring of services to develop relationships with customer segments rather than individuals. As such, the Internet becomes a cheaper and easier way of bringing about this automation.…

    • 741 Words
    • 3 Pages
    Good Essays

Related Topics